Australia's Battle With #Qatar for LNG Crown Stretching to 2020 - Bloomberg

Australia's Battle With Qatar for LNG Crown Stretching to 2020 - Bloomberg:

Australia will likely overtake Qatar as the world’s largest LNG exporter in 2020, according to an Australian government report, one year later than it had previously forecast.

“The narrow difference between the projected exports of the two nations means that Australia overtaking Qatar is far from certain, especially in 2019,” the Department of Industry, Innovation and Science said in its report released Monday.

The two nations, along with the U.S., will be the top producers next decade of LNG, the fastest growing fossil fuel that’s finding users across developing economies and Asia, particularly China.

Australia’s LNG exports are expected to rise to 81 million metric tons in 2020, while Qatar’s hold steady at around 76 million, close to levels forecast for this year for the Persian Gulf state, according to the report.